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Labels and Amount Descriptions! Journal Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 2016, were as follows: Record on

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Labels and Amount Descriptions! Journal Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 2016, were as follows: Record on journal page 10: Issued 15,000 shares of $20 par common stock at $30, receiving cash. issued 4,000 shares of $80 par preferred 5% stock at S100, receiving cash. Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually. Declared a dividend of so.50 per share on common stock and $1.00 per share on preferred stock. On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held, and 20,000 shares of preferred stock were outstanding. Journalize this transaction as a single entry Paid the cash dividends declared on May 16. Jan. Feb. May 3 15 1 16 26 150,000.00 Type here to search Labels and Amount Descriptions! Journal Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 2016, were as follows: Record on journal page 10: Issued 15,000 shares of $20 par common stock at $30, receiving cash. issued 4,000 shares of $80 par preferred 5% stock at S100, receiving cash. Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually. Declared a dividend of so.50 per share on common stock and $1.00 per share on preferred stock. On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held, and 20,000 shares of preferred stock were outstanding. Journalize this transaction as a single entry Paid the cash dividends declared on May 16. Jan. Feb. May 3 15 1 16 26 150,000.00 Type here to search

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